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Updated over 4 years ago,

Hung Dao's profile image
Hung Dao's profile image
Hung Dao
  • Member since Mar 11, 2020
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Hung Dao's profile image
Hung Dao's profile image
Hung Dao
  • Member since Mar 11, 2020
Connect
Hung Dao
1
Votes |
3
Posts
Buying & Selling Real Estate

Heloc To buy more homes? Good or bad idea

Hung Dao
Posted

Hey guys recently bought my first rental I got it for 265 and put about 30k in it appraisal should be around 340 with my 5% down payment I will hopefully have about 90k in equity! I want to buy another rental should I do a Heloc at 90/95% or refi at 80? And is that even a good thing?

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